MMR Events organise the5th annual seminar on ‘Metamorphosis in Buildings & Construction Industry’

Metamorphosis in Buildings & Construction Industry meet calls for modern methods to drive high-performance in the sector.

July 17, 2014 10:49 IST | India Infoline News Service
Outlining the metamorphosis in the country’s urban and infrastructure developments, the publishers of Construction Industry Review through its events arm MMR Events will be organising the fifth annual ,seminar on ‘Metamorphosis in Buildings & Construction Industry’ at Hotel Hilton Mumbai International Airport, Andheri, on July 25, 2014.

The neo-liberalization efforts of the past two and a half decades have piqued the curiosity of international community towards opportunities in the country. During this period, India has grown at twice the global rate, showing that it can sustain the momentum.

Bina Verma, Managing Editor, said, “The Indian government has identified Infrastructure as one of the key drivers of economic development in the country. Investment in Infrastructure has increased from about 5 per cent of GDP in the 10th Five-Year Plan period to 9 per cent in the 11th Five-Year Plan period. The Planning Commission has projected an investment of $1 trillion for the infrastructure sector during the 12th Five-Year Plan, with 40 per cent of the funds coming from the private sector.

"At the minimum, 45 per cent investment in infrastructure is towards construction and 20 per cent of the infrastructure spend will be for modernization of the construction industry. In order to attract such investment, the Indian government has eased foreign direct investment (FDI) norms for quite a few sectors of infrastructure development. We see a convergence of some of the best names participating this year’s annual meet and discussions and debates would throw light on the subject ‘Metamorphosis in Buildings & Construction Industry, considering the growth in this sector ahead."

The 2014-15 Union Budget has reflected strong winds that would drive growth in India’s building and construction sector and is likely to see a renewed momentum in 2014-15, with realty developers lining up numerous mega construction projects and government stepping up infrastructure investments, which eventually calls for adoption of modern methods and construction techniques for faster completion.

The seminar’s resourceful content will blend together new trends in buildings &construction industry – right from ,policies, budget analysis, production, markets, etc to project management, latest technologies, environmental role and building material, among others.

A panel discussion on rebuilding cities would stress on the transformation of horizontal space to vertical expansions of buildings and effective land use.

At the 5th Annual meet on ‘Metamorphosis in Buildings & Construction Industry’ will be industry stalwarts, from Tata Housing, Kalpataru Ltd, Talathy & Panthaky, Jones Lang LaSalle, CIDC, Pidilite, Omkar Realtors, CIDCO, Rustomjee Group, Godrej & Boyce Ltd, Bureau Veritas, L&T, Lafarge, Binani Cement and many more.

The event being a prestigious one will be attended by leading government representatives, leading architects developers, contractors, infra firms, cement manufacturers,building material suppliers, and consultants, providing a vital platform to network with fellow professionals and overcome challenges confronting the industry.

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